If anything has been learned during a challenging year, it is how critical innovation in technology, telecommunications, media and entertainment is to business continuity, according to Deloitte, which has predicted that 2021 will see accelerated growth in global cloud spending, intelligent edge computing and networks. video in use cases such as telehealth.
Now in his twentieth year, the Technology, media and telecommunications (TMT) predictions for 2021 highlights how global trends in TMT can affect businesses and consumers around the world. Additionally, the report highlights how many of these trends are being driven by the economic and social impacts of the global pandemic, resulting in a growth of cloud technologies, the smart edge, media segments such as sports, and the shift to telemedicine.
Basically, Deloitte notes that the pandemic will continue to shape business strategies in 2021, and users will expect faster, more reliable and more secure user experiences. He adds that those TMT companies that can address the needs of these customers, while rebuilding their industries for growth, will likely emerge as leaders next year and beyond.
One of the major industry changes is the smart edge, which Deloitte believes is unleashing Industry 4.0. The smart edge – which defines as the The combination of advanced wireless connectivity, compact processing power and artificial intelligence, and located close to devices that use and generate data, is already energizing the leading technology and communications companies.
Deloitte predicts that in 2021, the global market for the smart edge will reach $ 12 billion, continuing at a CAGR of around 35%. That rise is being driven by telcos and their expanding 5G networks, along with hyperscale cloud providers. The report predicts that these highly capitalized leaders can make it easier for companies in multiple industries to achieve the smart edge.
“Many of our technology predictions emphasize the reliance on virtual innovation driven in large part by the pandemic: remote work, digital transformation and migration to the cloud have accelerated faster than we expected,” said Deloitte President and US technology leader Paul Silverglate.
“But one prediction that we will be watching very closely, driven primarily by the expansion of 5G networks and the rise of artificial intelligence, is the growth of the smart edge. Bringing powerful computing capabilities closer to where data originates, Smart Edge unlocks the potential for faster, less expensive, and more secure operations on everything from autonomous vehicles to augmented reality to the Internet of Things, helping to deliver the promise of Industry 4.0 “.
Also, according to the report, according to some metrics, the cloud market grew even faster in 2020 than in 2019. This, Deloitte said, was driven by higher demand due to Covid-19, lockdowns, and the business environment working since any place. Deloitte predicts that revenue growth will continue to exceed 30% from 2021 to 2025, as companies migrate to the cloud to save money, be more agile and drive innovation.
The report also showed that education and business were increasingly opting for virtual reality. In particular, he noted that the market for digital reality headsets was growing as immersive technologies gained popularity in business and for education.
Deloitte predicts that, led by corporate and educational purchases, business-use sales of wearable virtual, augmented and mixed reality headsets will grow by 100% in 2021 from 2019 levels. Deloitte notes that growth in The market for these types of headphones has already accelerated in some markets due to the risk of Covid-19 infection that drives their use to teach employees and students virtually rather than in person.
Another Covid-19 effect said Deloitte has fueled a global telemedicine trend, including video doctor visits.
The global pandemic not only required the removal of regulatory barriers for such visits, it also helped consumers better understand and take advantage of video calling applications, especially consumers over 65.
Deloitte predicts that the percentage of virtual video visits to in-person doctor visits in 2021 will increase to 5% globally, up from 1% estimated in 2019.
Even the single-digit growth is significant: 8.5 billion doctor visits, worth a total of about $ 500 billion, took place in all 36 OECD countries in 2019 alone.